1. Why is innovation necessary in a successful business? Describe the relationship that exists between innovation and strategic experimentation. 

2. Discuss resource allocation to execute IT experimentation and development plans. 

3. Discuss the differences between Web 2.0 and the traditional Web. Give specific exs of how Web 2.0 applications can create interpersonal connections and how doing so can affect your organization. 

4. describe the characteristics of collaboration within your organization, or organization with which you have been associated. describe the four components that must be in place to ensure successful collaboration in terms of your organization or an organization with which you have been associated.

Your response should be at least 300 words in length per problem. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. Any references or citations used should be in APA style.